Myanmar Morning News For June 29

Myanmar Morning News For June 29
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Myanmar morning news

Jade sector ranked 83rd among 89 countries assessed
An institution that ranks countries rich in natural resources has given failing or poor marks to the governance of Myanmar’s gemstone and oil and gas sectors.
Global New Light of Myanmar

Myanmar workers can now go to Malaysia
The Myanmar government will allow Myanmar migrant labourers to return to Malaysia after a six month work suspension by Malaysian authorities, according to Daw Khin Nwe Oo, the deputy director-general of the Ministry of Labour, Immigration and Population’s Labour Department.
Global New Light of Myanmar

Ministry developing national agriculture development strategy
The Ministry of Agriculture, Livestock and Irrigation is in the process of drawing up a national agriculture development strategy and is expected to release it in August.
Eleven Myanmar

Merchants seek new bean markets
Merchants gathered at a recent meeting said Myanmar bean exports are too reliant on the Indian market and that new markets must be identified.
Eleven Myanmar

Cambodian tourism delegation discusses joint travel industry efforts with Myanmar officials
Tourism officials from Myanmar and Cambodia met last week at Amazing Bagan Resort in Bagan to discuss opportunities for coordination, according to a 27 June statement from Myanmar’s Ministry of Hotels and Tourism.
Global New Light of Myanmar

Traders repeat calls for tax reduction
Businesses in jade and gemstone sector have, again, asked for tax reduction, and have set out recommendations for the government with the aim to make Myanmar competitive in gemstone export.
The Myanmar Times

Gold mining firms rent out unlicensed worksites in Sagaing
Gold prospecting companies are reportedly renting out worksites whose licences have expired to the residents of Homalin Township, Sagaing Region.
Eleven Myanmar

BPI to open third plant to boost output
The third and new BPI plant that will produce tablets and capsules will start production in July, said DrAung Zaw, the Deputy General Manager of the Pharmaceutical Factory (Insein), Ministry of Industry.
The Myanmar Times

JICA draws up development plan for Tanintharyi and Dawei SEZ
Japan International Cooperation Agency (JICA) will take the lead in the drafting of the master plan for Tanintharyi Region, according to a representative from JICA.
The Myanmar Times

IFC injects $13.5 million into local microfinance institutions
The International Finance Corporation, (IFC), a member of the World Bank Group, has provided a financing package of $13.5 million to various microfinance institutions in Myanmar to support the country’s critical credit demands.
The Myanmar Times

Ministry Requests Monthly Reports on Coal-powered Cement Plant in Mon State
The Ministry of Natural Resources and Environmental Conservation has instructed the Mon State government to submit monthly environmental impact assessment reports regarding a 500-ton cement factory in Mon State’s Kyaikmayaw Township that is powered by a coal-fired power plant.
The Irrawaddy

CNG prohibited for public buses after June
All public buses built in or before 1995 are to be handed over to the Road Transport Administration Department (RTAD) and purchases of Compressed Natural Gas (CNG) will be prohibited from June 30, all, according to bus owners.
The Myanmar Times

Saigon-Hanoi joint stock bank enters Myanmar market
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) recently opened its first branch in Myanmar, according to Lao Dong newspaper.

New Toyota sales pioneer dives into Myanmar
NEZAS Holdings has become the first Toyota Motor-related sales company in Japan to make a foray into Myanmar, with plans to market the brand’s new cars in the country’s biggest city of Yangon.
Nikkei Asian Review (paywall)

Sumitomo begins direct imports of Hino vehicles to Myanmar
Japanese trading company Sumitomo Corp. is now bringing commercial vehicles made by Hino Motors into Myanmar, aiming to capitalize on growing demand for dump trucks and other products for infrastructure construction.
Nikkei Asian Review (paywall)

Jade, timber and drugs seized at Yaypu checkpoint
Jade, timber and black opium, along with some dried beef, were seized at the Yaypu checkpoint near Theinni Township in northern Shan State, yesterday.
Eleven Myanmar

Troops in Myanmar’s Rakhine on high alert after killings of Rohingya
Troops in Myanmar’s northeastern Rakhine state were put on high alert on Tuesday, police and sources said, after nearly 200 Rakhine Buddhist villagers fled the area after a recent spate of killings and amid fears of fresh attacks by Rohingya insurgents.
Saudi Gazette

Three reporters arrested by Burmese military in ethnic areas
The Burmese military of Tatmadaw has arrested three reporters and four other people on charges of associating with the ethnic Taang armed group, according to the Myanmar Times Online report on Wednesday.
Thai PBS


Feature photo Eddy Milfort
Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC).

Myanmar morning news by AEC News Today is your one stop source for Myanmar news on matters of governance and policies affecting Asean business communities. It is published M-F by AEC News Today: Governance, not government; policies not politics.



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